Master Room (HDB) for Rent in 114 Serangoon North Avenue 1

The valuation of the HDB 2-room unit located in Serangoon, with a remaining lease of 58 years, stands at an estimated value of $90,692, translating to a price per square foot (PSF) of $504. This valuation reflects a market price that is aligned with the baseline, indicating a 0% difference from the prevailing market trends. Such stability suggests that the property sits comfortably within the current market dynamics, yet signifies the potential volatility inherent in HDB transactions as lease durations decline.

It is essential to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set, which consists of only two recent HDB resale transactions in the immediate vicinity. This scarcity of comparable data points may affect the robustness of the valuation, emphasizing the necessity for prospective buyers and investors to exercise caution. The interplay of the remaining lease duration and the current market conditions underscores the importance of strategic considerations when navigating the Serangoon HDB landscape, as leasehold properties often experience fluctuations in value influenced by broader economic trends and demographic shifts.